2021 NGN to SEK Historical Review

YEARLY HIGH

0.0229 SEK

YEARLY LOW

0.0200 SEK

YEARLY AVERAGE

0.0213 SEK

2021 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0229. Conversely, the yearly low was recorded on May 25, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0029 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0221, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0229 was down 19.50% compared to the 2020 peak of 0.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 22,896 SEK

2020 Average 24,238 SEK

Yearly Trough Low 20,022 SEK

Transaction Impact: A difference of 2,873.81 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0223

0.0203

JanuMarcMayJulySeptNove

NGN to SEK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0213, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0213

H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0024 SEK (High: 0.0229 / Low: 0.0205). On the other end, July was the most stable month, with a tight range of 0.0004 SEK (High: 0.0212 / Low: 0.0207).

April Spread (Volatile) ±0.0024

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0218) against the same month in 2020 (average: 0.0260), the exchange rate shifted by -0.0043 (-16.37%).

2021 Avg (April) 0.0218

2020 Avg (April) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0208	0.0214
February	0.0221	0.0201	0.0214
March	0.0227	0.0208	0.0220
April	0.0229	0.0205	0.0218
May	0.0223	0.0200	0.0207
June	0.0210	0.0200	0.0204
July	0.0212	0.0207	0.0210
August	0.0214	0.0209	0.0211
September	0.0214	0.0208	0.0210
October	0.0215	0.0207	0.0211
November	0.0223	0.0207	0.0215
December	0.0223	0.0219	0.0221

૨૦૨૫ NGN થી SEK ઐતિહાસિક સમીક્ષા